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Pässilä Bicycles Oy
OY
Active
Y-tunnus 2922351-5
Myllytie 128
Manufacture of bicycles and invalid carriages · NACE 3092
Est. 2018
— employees
www.passilabicycles.com
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Overview
Financials
People & ownership
Related companies
Revenue 2025
EUR 30K
-24% vs 2024
EBITDA margin
16.4%
-61% vs 2024
Equity ratio
88.7%
Financial strength
Net profit 2025
EUR 3K
-67% vs 2024
EBITDA — year on year
EUR millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
EUR 30K
-24%
EBITDA
EUR 5K
-61%
Net profit
EUR 3K
-67%
Total assets
EUR 39K
+23%
Equity
EUR 34K
+11%
Employees
—
—
Company information
Legal name
Pässilä Bicycles Oy
Y-tunnus number
2922351-5
Legal form
Osakeyhtiö
NACE code
3092 · Manufacture of bicycles and invalid carriages
Founded
19. kesäkuuta 2018
Share capital
EUR 5 400
Employees
—
VAT registered
No
Audit selected
No
Last report
2025-03-31
Financial year
January – December
Signatory rights
Hallituksen jäsenet ja toimitusjohtaja kukin yksin
Company purpose
Polkupyörien ja komponenttien valmistus.
Contact
Address
Myllytie 128
Phone
+358401905074
Email
passilabicycles@gmail.com
Website
www.passilabicycles.com
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Companies in Manufacture of bicycles and invalid carriages
Companies in Ilmajoki
All Finland companies
Revenue
EUR millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
EBITDA
EUR millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
EUR thousands
Item
2021
2022
2023
2024
2025
Revenue
98
123
25
39
30
Staff expenses
—
−3
−0
0
−0
EBITDA
15
16
−6
12
5
Depreciation & amort.
—
−1
−1
−1
−1
EBIT
15
15
−7
12
4
Net financials
−1
−1
−1
−1
0
Profit before tax
14
14
−8
11
4
Tax
3
3
−0
1
1
Net profit
11
12
−8
10
3
Balance sheet
EUR thousands
Item
2021
2022
2023
2024
2025
Total assets
56
61
45
32
39
Equity
17
29
21
31
34
Long-term debt
15
22
16
0
0
Short-term debt
23
10
0
1
4
Total debt
39
32
24
1
4
Financial ratios
5-year trend
EBITDA margin
16.4%
This company
15.8%
Market median
+4% vs market
2021
2025
Equity ratio
88.7%
This company
38.2%
Market median
+132% vs market
2021
2025
Return on equity
9.8%
This company
18.4%
Market median
-47% vs market
2021
2025
Net profit margin
11.5%
This company
8.1%
Market median
+42% vs market
2021
2025
Asset turnover
0.76×
This company
1.12×
Market median
-32% vs market
2021
2025
Debt / equity
0.13×
This company
0.62×
Market median
+79% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via PRH / YTJ · Period 2024-04-01 – 2025-03-31
View
PDF
Annual report 2024
Filed via PRH / YTJ · Period 2023-04-01 – 2024-03-31
View
PDF
Annual report 2023
Filed via PRH / YTJ · Period 2022-04-01 – 2023-03-31
View
PDF
Annual report 2022
Filed via PRH / YTJ · Period 2021-04-01 – 2022-03-31
View
PDF
Annual report 2021
Filed via PRH / YTJ · Period 2020-04-01 – 2021-03-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
JA
Juho Antero Yli-Suomu
Deputy Chief Executive Officer
Deputy Chief Executive Officer
2018
MM
Markku Mikael Hautamäki
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
KE
Kyösti Eljas Peltokoski
Board of Directors
2021
MK
Matti Kalevi Uusi-Laitila
Board of Directors
2018
JA
Jari Antero Koivuluoma
Chairperson
2021
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Pässilä Bicycles Oy also hold positions in
0
other companies.
Person
Role here
Other companies
Juho Antero Yli-Suomu
Deputy Chief Executive Officer
0 companies
Markku Mikael Hautamäki
Chief Executive Officer
0 companies
Kyösti Eljas Peltokoski
Board of Directors
0 companies
Matti Kalevi Uusi-Laitila
Board of Directors
0 companies
Jari Antero Koivuluoma
Chairperson
0 companies